It is so named because the liability of its shareholders is limited. create ltd (Limited liability company) is established as the most common legal form of forming a company in the United Kingdom.

With the aim of helping Spanish entrepreneurs to set up businesses abroad, companies SMEs provide consulting services to develop business tax and accounting activities. In this way, the process of opening, managing and administering for freelancerentrepreneurs and companies are carried out in a simple way and under the supervision of experts in their fields.

Open a business in the UK in the hands of PymeMos

While the PymeMos service facilitates the creation of companies in various overseas countries, one of its specialties is opening a business in the United Kingdom. Currently, this option is quite attractive to entrepreneurs, due to the advantages that the UK has to offer in aspects related to fiscal responsibility.

For this reason, the team of specialists that make up PymeMos works on annual profitability management, creation of dormant company accounts, registered offices and services director candidate. Also, customers can create an LTD and register for value added tax, which is called Value Added Tax (VAT) in the UK.

To suit each client’s needs, PymeMos offers 3 package with various tools that enable efficient management of LTD company development. In that sense, The most important thing is to evaluate the administrative requirements of the business, based on the annual turnover rate registered by the company..

What are the main characteristics of LTD companies?

One of the advantages of setting up an LTD is that employers refrain from collecting and declaring VAT, as long as their clients are outside the UK. So, no need to ask for a VAT number when setting up a company, it’s an advantage for those who want to open a business.

Another benefit of the creation of an LTD is that the owner is not required to pay any taxes until 21 months after creation, at which point it is analyzed whether he or she has benefited. Besides that, companies that do not have employees do not need to make a quarterly statement on Personal Income Tax (IRPF).

The opening of an LTD company with PymeMos is done through a simple, economical and 100% legal procedure, which is why it becomes a way to promote new challenges. To establish contact with the company and receive suggestions, users have the opportunity to fill out the forms available on the website.